Duma considers ban on foreign bank accounts for officials

The bills were submitted to Duma by President Vladimir Putin on February 12

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MOSCOW, February 22 (Itar-Tass) – The Russian State Duma lower house of parliament passed under the first reading on Friday a package of bills prohibiting Russian officials from holding bank accounts abroad or owing foreign-issued shares and bonds. The bills were submitted to Duma by President Vladimir Putin on February 12.